Tuesday, July 27, 2010

Property tax hike on fast track: panel submits report

The Municipal Valuation Committee (MVC) constituted by the Delhi government to review property tax in the city has submitted its report to the Municipal Corporation of Delhi (MCD). The high powered standing committee of the MCD will take a final decision on the matter on Wednesday. On June 12 Hindustan Times reported how people staying near Delhi Metro lines will have to pay more as property tax. 

According to sources, the civic agency cannot reject the committee’s suggestions as it had earlier rejected the report in 2007, making it mandatory for it to accept it now. The committee has suggested upgradation of 168 odd colonies. Currently, the areas under the jurisdiction of the MCD have been divided into eight categories, A to H.

with thanks : Source : Hindustan times : Link in headline above for the detailed news.

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